[82lsju]

Stanford announced a 4.4% return on investment in its Merged Pool for the 2023 fiscal year on Oct. 12. The Merged Pool consists of a majority of the University’s endowment, funds from Stanford Health Care and Stanford Medicine Children’s Health and additional long-term reserves of the University.

This fiscal year’s gains contrasted with the 4.2% investment loss from the last fiscal year, signifying a steady recovery. However, the gains remain below the 10.84% mean returns over the past 10 years and the 40.1% returns from the 2021 fiscal year.
...
Stanford News reported that this year’s Merged Pool was valued at $40.9 billion as of June 30. The endowment, consisting of approximately 75% of the Merged Pool and additional assets, was $36.5 billion on Aug. 31, the end of the 2023 fiscal year.

The University’s growth still trailed behind the 6.9% median return for U.S. college and university endorsements for the year, preliminarily stated by Cambridge Associates. Additionally, a typical “70/30” passive portfolio of global stocks and bonds returned 10.9% during the 2023 fiscal year.

So they made less than current Treasuries and the portfolio advisers charged how much to render this expert investing management?
The passively managed S&P 500 etf "SPY" 1 year return is over 13%

Expense ratio is 0.09% and wonder how that compares to Stanford's actively managed portfolio.
Reminds me that active compared to passive is not always a winner if active is actively moving in the wrong direction.

usually the head of SMC is among the highest paid University employees.....

from the release from the University on longer term returns

Stanford’s five- and 10-year net annualized investment performance of 9.5% and 9.4%, respectively, compares with the median college and university endowment return of 8.0% and 7.6% over the same time periods. A typical “70/30” passive portfolio returned 5.8% and 6.6% over the last five and 10 years, respectively.

“Strong results in most asset classes during the past year were partially offset by losses in our venture capital and growth equity portfolios, continuing a correction that began in 2022,” said Robert Wallace, chief executive officer of Stanford Management Company. 

https://news.stanford.edu/2023/10/12/sta...dowment-2/

[82lsju]

Stanford announced a 4.4% return on investment in its Merged Pool for the 2023 fiscal year on Oct. 12. The Merged Pool consists of a majority of the University’s endowment, funds from Stanford Health Care and Stanford Medicine Children’s Health and additional long-term reserves of the University.

This fiscal year’s gains contrasted with the 4.2% investment loss from the last fiscal year, signifying a steady recovery. However, the gains remain below the 10.84% mean returns over the past 10 years and the 40.1% returns from the 2021 fiscal year.
...
Stanford News reported that this year’s Merged Pool was valued at $40.9 billion as of June 30. The endowment, consisting of approximately 75% of the Merged Pool and additional assets, was $36.5 billion on Aug. 31, the end of the 2023 fiscal year.

The University’s growth still trailed behind the 6.9% median return for U.S. college and university endorsements for the year, preliminarily stated by Cambridge Associates. Additionally, a typical “70/30” passive portfolio of global stocks and bonds returned 10.9% during the 2023 fiscal year.

So they made less than current Treasuries and the portfolio advisers charged how much to render this expert investing management?
The passively managed S&P 500 etf "SPY" 1 year return is over 13%

Expense ratio is 0.09% and wonder how that compares to Stanford's actively managed portfolio.
Reminds me that active compared to passive is not always a winner if active is actively moving in the wrong direction.

usually the head of SMC is among the highest paid University employees.....

from the release from the University on longer term returns

Stanford’s five- and 10-year net annualized investment performance of 9.5% and 9.4%, respectively, compares with the median college and university endowment return of 8.0% and 7.6% over the same time periods. A typical “70/30” passive portfolio returned 5.8% and 6.6% over the last five and 10 years, respectively.

“Strong results in most asset classes during the past year were partially offset by losses in our venture capital and growth equity portfolios, continuing a correction that began in 2022,” said Robert Wallace, chief executive officer of Stanford Management Company. 

https://news.stanford.edu/2023/10/12/sta...dowment-2/